Eric Yoo

IN THE NEWS

New Trump Budget Details Confirm Threats to HUD-Assisted Housing Programs

The proposed overall funding for HUD would drop dramatically from $89.1 billion in FY25 to $43.5 billion in FY26, marking a 51% reduction.

Jun 25, 2025

Eric Yoo

The proposed overall funding for HUD would drop dramatically from $89.1 billion in FY25 to $43.5 billion in FY26, marking a 51% reduction.

New Bill Targets Deep Affordability in LIHTC Program

Jun 25, 2025

Eric Yoo

The Affordable Housing Equity Act of 2025 (H.R. 3964) would provide a 50 percent eligible basis boost for projects that reserve at least 20 percent of units for ELI households and are deemed financially infeasible without such a boost.

HUD Headquarters to Relocate from D.C. to Alexandria

Jun 25, 2025

Eric Yoo

The agency recently confirmed it will move out of the aging Robert C. Weaver Federal Building, which has long been criticized for its condition, and into the National Science Foundation’s current offices. Approximately 2,700 HUD employees are expected to relocate, while more than 1,800 NSF staff...

FEATURE

Agency Moves to Give Owners Digital Signage Option for Certain Required Notices

The newly proposed rule could replace paper lobby signs.

Jun 25, 2025

Eric Yoo

The newly proposed rule could replace paper lobby signs. While the rule is voluntary, if you opt in, you must use digital signage for the full suite of applicable notices.

MANAGEMENT BASICS

File 2025 Rent Registrations Online by July 31

Or risk a stiff penalty: You can’t collect a rent increase or even apply for one until you file.

Jun 23, 2025

Eric Yoo

Or risk a stiff penalty: You can’t collect a rent increase or even apply for one until you file.

MANAGEMENT BASICS

Cure Violations for Upcoming MBR Cycle for Rent-Controlled Apartments

The DHCR won't let you increase the rent of your rent-controlled apartments if there are serious code violations at your building.

Jun 22, 2025

Eric Yoo

The DHCR won't let you increase the rent of your rent-controlled apartments if there are serious code violations at your building.

IN THE NEWS

NYC Mayoral Candidates Clash Over RGB Appointments, HPD Oversight

The mayor's influence to freeze rents and overhaul HPD was up for debate.

Jun 20, 2025

Eric Yoo

The mayor's influence to freeze rents and overhaul HPD was up for debate.

FEATURE

Follow 5 Strategies to Maximize First-Year LIHTC Credits

Site managers play a critical role in maximizing credits by aligning certifications, lease-up timelines, and documentation with IRS rules.

Jun 12, 2025

Eric Yoo

Site managers play a critical role in maximizing credits by aligning certifications, lease-up timelines, and documentation with IRS rules.

HUD Seeks to Eliminate Affirmative Fair Housing Marketing Rules

If finalized, the proposed rule would shift HUD’s role away from proactive desegregation and toward a narrower model of complaint-based enforcement.

Jun 11, 2025

Eric Yoo

If finalized, the proposed rule would shift HUD’s role away from proactive desegregation and toward a narrower model of complaint-based enforcement.

COMPLIANCE

HUD Seeks to Eliminate Affirmative Fair Housing Marketing Rules

If finalized, the proposed rule would shift HUD’s role away from proactive desegregation and toward a narrower model of complaint-based enforcement.

Jun 11, 2025

Eric Yoo

If finalized, the proposed rule would shift HUD’s role away from proactive desegregation and toward a narrower model of complaint-based enforcement.

Articles by Eric Yoo